Support Board
Date/Time: Thu, 16 Jan 2025 12:20:44 +0000
Is there an easier way than 'Spreadsheets' to chart a combo (multi-leg position)?
View Count: 1229
| [2017-11-01 22:48:06] |
| ErikT - Posts: 121 |
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Hi Guys, Sorry to be a pest, but before I dive into what looks like a lot of work learning all about Spreadsheets in SC, I just have to ask if there's an easier way... I want to chart an asymmetric fly spread: Short 1 CLZ17, long 2 CLU18, short 1 CLZ18. Because this is an asymmetric (uneven number of contracts on either side of the spread) fly, there is no exchange-traded symbol for it. You have to define it as above from the 3 legs. IB does this with a very simple synthetic symbol called a 'combo'. You just say create new combo, put in the trade legs (as above), and then you can both chart and trade it as if it were a single security. For charting they just sum together the OHLC fields from each leg in the synthetic instrument (combo). You can then use all the standard studies on the chart of the combo instrument, except that certain ones line volume can only be applied to one underlying symbol, so they use the first leg of the combo for them. I think I see a way to do this using Spreadsheets - basically set up the underlying legs in their own charts, then have a spreadsheet reference those other charts, sum the OHLC together in the spreadsheet, and then just have a single region on the chart that is dedicated to showing the spreadsheet results. I haven't dug far enough into the documentation yet to learn whether I'll be able to use other studies on the displayed spreadsheet's results, or whether I'll be able to use candlesticks to plot the spreadsheet results. That's an awful lot of work to chart one fairly simple fly spread. I'm guessing/hoping there is a much easier way (akin to IB's combos), but after scouring the online documentation for over an hour I sure can't find it. Can you point me in the right direction? Thanks, Erik |
| [2017-11-02 18:48:54] |
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Yes this is possible and there are several studies that do this in Sierra Chart, but we are working on a new one now, that is more flexible and can do most any type of combination.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-11-02 18:54:04] |
| ErikT - Posts: 121 |
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That's awesome! 1) Is there an ETA for when the new feature will be ready? 2) Meanwhile, what's the simplest/easiest way for me to set it up using existing features? Thanks again! Erik |
| [2017-11-02 19:33:11] |
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1. Today. 2. Wait. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-11-02 19:43:50] |
| ErikT - Posts: 121 |
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Wow, awesome timing. THANKS!!! You guys rock. Awesome product and fantastic support responsiveness. Thanks again! Erik |
| [2017-11-02 21:03:08] |
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The name of the new study is called Combination Symbol Chart.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-11-02 22:21:41] |
| ErikT - Posts: 121 |
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You guys are awesome!!! I'll download the latest version and check it out! Thanks, Erik |
| [2017-11-02 22:32:57] |
| ErikT - Posts: 121 |
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I downloaded pre-release 1634. Since you said it was a STUDY, I went to the F6 menu, and there is no "Combination Symbol Chart" on the list of available studies. Not sure if perhaps you haven't released the version containing this yet, or maybe I'm looking in the wrong place? Please confirm it's a STUDY I would find on the F6 menu, and not something I should be looking elsewhere in the UI for? I feel like a 5-yr old on Christmas morning... Can't wait to unwrap my new toy! Thanks again, Erik |
| [2017-11-03 01:09:28] |
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This is in prerelease version 1635 which we have released now. This study works just like the Difference (Bar) study, except it supports referencing up to six charts (but less if you want) and they are all added together, and through setting a negative multiplier for a particular chart you can perform a subtract operation. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-11-03 01:10:28
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| [2017-11-03 01:20:38] |
| ErikT - Posts: 121 |
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THanks so much!!! I'm downloading as I type! Best, Erik |
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